The Federal Government’s Quality of Advice Review is the latest instalment in a long-running program of reforms to Australia’s financial advice industry. The next phase of this work involves proposed legislative reforms that have now been introduced into Federal Parliament, and there will undoubtedly be considerable debate and discussion in the period ahead about the merits of the reforms, and whether they will make a difference in relation to both access to, and affordability of, high-quality financial advice for all Australians.
In this upcoming webinar on the proposed financial advice reforms, join Financial Advice Association of Australia CEO, Sarah Abood, SMSF Association's CEO, Peter Burgess, and FINSIA’s CEO, Yasser El-Ansary, to hear their perspectives on the reform package and the forward pathway involved in bringing the Government’s vision for policy changes to life in this vitally important area of the financial services sector.
These reforms have the potential to markedly change the landscape for financial advisers and their business models, and at the same time, the changes will likely also have a bearing on the way in which other institutions such as superannuation funds, banks, and insurers participate in the provision of advice to their clients in the future.
Change is coming.
